MBT - leading IT service provider to the telecommunications industry - opens its European headquarters in Düsseldorf / Costs substantially reduced whilst quali

Duesseldorf 11. 3. 2003 (PROTEXT/ots) - MBT, a worldwideprovider of IT services, has been successfully operating inEurope for a number of years. MBT's technical expertise centreson information technologies essential to the Telecommunicationsindustry - from Professional Services and Software Developmentand Testing to End-to-End Applications Management and ConsultingServices. January 2003 - MBT opens new European headquarters inDüsseldorf

Offering cost-effective solutions to today's economicallysensitive Telecommunications sector is the aim of IT serviceproviders. "With consistent management of software applicationsby MBT costs can be reduced by up to 50%, with no reduction inthe level of service - indeed it is often improved." explainsJens Denecke, CEO of MBT Europe. Over the last few years MBT hasgrown to be one of the leading specialists in mission criticalapplications in the Telecommunications sector in Europe -especially where support, time-sensitive financial applicationsand safety-related processes are key. Denecke continues: "Ourexperienced management and people fully understand the structureand requirements of each regional Telecommunications market. Weunderstand exactly our clients' needs and develop solutions inpartnership with them". Onsite-Offshore Method We focus our work on our clients' operational and economicchallenges: local teams with relevant market insight look afterour clients' projects from initial analysis through toimplementation, supported by our Competence and Support Centresin Europe and India. MBT's clients therefore benefit from thetechnical expertise of our specialists in India withoutincurring the costs, or time delays, often associated withoffshore working. MBT is now one of the largest IT service providers in Europe -our business has grown by 50% every year over the last fiveyears. "Our method of working has proven successful inconsistently lowering clients' costs whilst upholding qualitystandards - and even improving upon them. We understand ourclients quite simply because we understand theTelecommunications industry" says Denecke. MBT maintainssuccessful business relationships with leadingTelecommunications companies such as Alltel, British Telecom,MACH, Qwest and Rockwell, and counts innovators such asConvergys and Siebel as key partners. These partners with whomwe exchange knowledge help ensure and enhance our highstandards. MBT is both CMM Level 5 and BS7799 accredited and aninteroperability testing partner of VeriSign.

About MBT MBT is part of the Mahindra & Mahindra Group, one of India'sleading technological companies and the largest SAP integratorin Asia. Alongside our sites in Pune, Mumbai and New Delhi inIndia we have operations in Germany - Düsseldorf and Munich;Great Britain - Milton Keynes and Ipswich; USA - Atlanta, Denverand Princeton; Dubai, Singapore and Melbourne, Australia. Ourworldwide operations are lead by John Heuller (CEO), Kiron Gupte(MBT BT-Group), Pat Murtha (MBT North America), Santosh MadbhaviMBT Asia-pacific) and Jens Denecke (MBT Europe). Jens Denecke'sexperienced European management team comprises Marcus Schüler(CFO**), Achim Giehr (Sales), Friederike von Buddenbrock(Marketing) and Max Dichtl (Client Projects). Today MBT is busyin Germany, Austria, Switzerland, Britain and Ireland, Beneluxand Scandinavia, with plans to expand into both the French andSpanish markets at the end of the year.

ots Original Text Service: MBT Europe Internet:http://www.presseportal.de Contact: Friederike von Buddenbrock MBT Europe Rather Strasse110 40476 Düsseldorf Tel: +49 (0)211 600120 Fax: +49 (0)21160012111 Mobile: +49 (0) 163 / 858 6012 Email:friederike.buddenbrock@mbt-europe.com

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